• Two-day Nationwide Bank strike from tomorrow
Two-day Nationwide Bank strike from tomorrow

Union leaders reject the banks' excuse, however, emphasizing that low-wage employees shouldn't have to pay the price for companies defaulting on loans. In the last wage settlement, for the period from November 2012 until October 2017, the IBA gave a 15% wage hike. While online bank operations will remain fully functional, transactions at branches a...

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  • Wall Street falls on Italy political turmoil
Wall Street falls on Italy political turmoil

The Russell 2000 index surged 24.34 points, or 1.5 percent, and closed at a record high of 1,647.99. Smaller companies are rising sharply. Italy has searched for a new government since inconclusive elections in March, with the president finally designating former International Monetary Fund official Carlo Cottarelli as interim prime ministe...

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  • Dollar gains against euro as Italy's deepening crisis takes its toll
Dollar gains against euro as Italy's deepening crisis takes its toll

Italy's two anti-establishment parties - Five Star and The League - held last-minute talks aimed at forming a government yesterday, a move that would avoid repeat elections that could turn into a de-facto referendum on the country's euro membership.

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  • Trump plans to hit Canada with steel, aluminum tariffs today
Trump plans to hit Canada with steel, aluminum tariffs today

The move, revealed by Commerce Secretary Wilbur Ross , will affect several key U.S. allies - and North Atlantic Treaty Organisation members - in Europe. Malmstrom is meeting U.S. Trade Representative Robert Lighthizer in Paris on Thursday among other global trade chiefs. "We believe these tariffs aren't compatible with WTO rules", she said in Li...

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  • Singapore Airlines announces 19-hour ultra-marathon to NY
Singapore Airlines announces 19-hour ultra-marathon to NY

Onboard, the aircraft will be configured with 67 business class seats and 94 premium economy seats, similar to the initial configuration of the airline's A340-500s used in the early years of the SIN-EWR route. Singapore Airlines also now has 21 A350-900s in its fleet, with 46 more on order including seven of the ULR variant. Singapore Airlines...

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  • Scottish rehab clinic offering treatment for cryptocurrency addiction
Scottish rehab clinic offering treatment for cryptocurrency addiction

Are you a cryptocurrency addict? Addiction to the trading of cryptocurrencies like Bitcoin is a behavioural addiction, like gambling addiction and compulsive online "day trading" on the stockmarket. Tony Marini , another therapist at the hospital , draws on his experience with his own prior addictions to gambling and cocaine to relate to...

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  • Amazon US Website Blocked In Australia
Amazon US Website Blocked In Australia

The company has today announced that amazon.com, the United States version of the website, will no longer send goods to Australia from July 1, with shoppers instead redirected to the smaller amazon.com.au site. Retail stocks on the ASX rose following Amazon's announcement. The move, which attempts to level the playing field between local and gl...

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  • Big tech shows contempt for new privacy rules
Big tech shows contempt for new privacy rules

Your email inbox has likely been packed lately with emails from various social media and other Internet services companies ( FDN ) you utilize notifying you about the European General Data Protection Regulation that officially took effect on May 25, 2018.

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  • Jeff Bezos is serious about building a colony on the moon
Jeff Bezos is serious about building a colony on the moon

He says Humans will have to leave the Earth and the planet will become just a "residential" zone. He sees the moon with its low gravity as flawless for heavy industry like mining and manufacturing. Bezos said that he would be open to working in concert with other nations on establishing a lunar base. Blue Origin has already hinted at its lu...

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  • National Donut Day 2018: Free doughnuts and other deals happening June 1
National Donut Day 2018: Free doughnuts and other deals happening June 1

These shops are handing out free doughnuts, so get there in a hurry. Fans will also receive coupons for buy-one, get-one free doughnuts redeemable until June 17. A holiday sure to fill our hearts (and our stomachs), these Baton Rouge doughnut shops are ready to celebrate. Stop by anytime day or night for a delicious doughnut, kolache or doughnut ...

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  • Showdown looms in Italy as caretaker PM assembles team
Showdown looms in Italy as caretaker PM assembles team

Carlo Cottarelli addresses a press conference at the Qurinale presidential palace on May 28, 2018 in Rome after Italian President gave him mandate to form a government. Elections could benefit Salvini, however, as recent polling by IndexResearch put the League at 22%, 5 points up from its vote share in the March 4 ballot.

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  • Microsoft surpasses Google's Alphabet to become third most valuable company
Microsoft surpasses Google's Alphabet to become third most valuable company

The big picture: Amazon and Apple may hold the two top spots as far as the world's most valuable companies go, but Microsoft is rapidly climbing the ladder. Microsoft's stock price is now at $98 (£74) per share, up 40 pc in the past 12 months. Driven by consistent growth in its Office and Cloud solutions, Microsoft posted a revenue of $26...

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  • Tough Government Rules Keep Tesla Away From Indian Roads, Says Elon Musk
Tough Government Rules Keep Tesla Away From Indian Roads, Says Elon Musk

The braking improvement raised the Model 3's overall test score enough to earn the magazine's recommendation despite a few other complaints. Consumer Reports is now ready to award its coveted recommendation to the Tesla Model 3 after an over-the-air software update brought big improvements to the electric car's braking performance.

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  • U.S. To Continue Trade Actions Against China: White House
U.S. To Continue Trade Actions Against China: White House

The Trump administration, however, signaled this week that it is moving ahead with 25 percent tariffs on $50 billion worth of Chinese imports, and installing a slew of new restrictions on investments and visas. So the $50 billion tariff is not likely to make much of a difference. Trump also said a deal to ease sanctions on the Chinese tech gi...

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  • High fliers can relax in new era of super-long journeys
High fliers can relax in new era of super-long journeys

Airlines including Singapore Airlines, Australia's Qantas Airways Ltd (QAN.AX) and USA -based United Continental Holdings Inc (UAL.N) are adding ultra-long haul flights that can capture an airfare premium of around 20 percent versus flights involving one or more stops.

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  • De Beers made diamonds a luxury, now it’ll make them cheap
De Beers made diamonds a luxury, now it’ll make them cheap

De Beers said its new jewelry will not only be less expensive than mined diamonds, but also cost less than lab-grown stones from competitors. Lieberherr added the association was confident that De Beers' move would benefit consumers and bring much needed clarity to the synthetic diamonds market.

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  • Canadian Government to Buy Contested Oil Sands Pipeline
Canadian Government to Buy Contested Oil Sands Pipeline

Ottawa has the constitutional authority to build interprovincial projects like pipelines, but B.C. Premier John Horgan has gone to court to get a judge to weigh in on whether B.C.'s jurisdiction for the environment would allow him to regulate what flows through the pipeline.

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  • Canadian Yahoo hacker gets a five-year prison sentence
Canadian Yahoo hacker gets a five-year prison sentence

District Judge Vince Chhabria, a spokesman for the U.S. Attorney's Office said. Baratov pleaded guilty in November to aggravated identity theft and conspiring to commit computer fraud and abuse. The court documents allege Baratov claimed he could access webmail accounts maintained by Google and Russian providers such as Mail.Ru and Yandezx.

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  • BMO and CIBC's Simplii Financial investigating customer data hack
BMO and CIBC's Simplii Financial investigating customer data hack

Bank of Montreal said it believed the attack originated from outside the country and was confident the exposures that led to the theft of customer data had been closed off. ransom for its safe return. Last year, credit monitoring firm Equifax said information on about 146.6 million names, 146.6 million dates of birth, 145.5 million US social secur...

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  • Send your photos after London battered by the 'mother of all thunderstorms'
Send your photos after London battered by the 'mother of all thunderstorms'

He explained: "Temperatures overnight did not fall much below 15 or 16 degrees, for the end of May that's a pretty hot and humid night so everything was primed". At the airport "Stansted" lightning strike damaged system refueling aircraft, of which many flights were delayed. Lightning is seen from a bedroom window as it strikes above a street in ...

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